Ripple and the SEC just agreed to pause their court battle for 60 days to try and settle the case. Could this finally bring an end to the XRP lawsuit?
Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.
During a recent interview with ETF analyst Neta Geraci, Sal Gilbertie, CEO of Teucrium, stated that the leveraged XRP exchange-traded fund (ETF) was the firm's most successful launch to date.
The U.S. Securities and Exchange Commission (SEC) and blockchain payments firm Ripple Labs have jointly filed a motion to pause their appeals in the ongoing legal battle surrounding XRP.
XRP is trading flat on Friday morning, hovering around $1.99, as traders digest a wave of bullish long-term news following a dramatic week in the crypto market. While the broader altcoin market remains mixed after Wednesday's tariff-driven rally, XRP is holding ground above the $2 psychological level, showing resilience amid short-term indecision.
It may seem like there has been a lack of action on the cryptocurrency market lately, especially after the roller coaster ride it has been on, but as some indicators suggest, this may just be the calm before the storm.
Crypto market volatility was high this week as regulatory developments, macro tensions, and the Binance exchange's decisions shook markets.
In the cryptocurrency world, determining an asset's value is usually fairly difficult. But there is one specific type of cryptoasset that's comprehensively understood.
XRP shot up almost 3% in the past 24 hours after Ripple and the SEC submitted a joint filing for a 60-day pause to their appeals and cross-appeals.
XRP is currently priced at $2.003 to $2.011 over the last hour, supported by a market capitalization of $117 billion and a 24-hour trading volume of $3.60 billion. Trading activity has remained concentrated within an intraday range of $1.93 to $2.
Renowned blockchain platform Whale Alert, which monitors large-scale cryptocurrency transfers, has spotted an astounding crypto transaction initiated by Ripple cryptocurrency firm less than two hours ago.
The CEO of Ripple's major partner in Japan, financial behemoth SBI Group, Yoshitaka Kitao, has published a tweet, endorsing Ripple's new press release about the rapid expansion of the market for tokenized financial assets.
In the latest XRP news, Ripple has recently moved 200 million coins, fueling speculations in the market. Meanwhile, this comes as the crypto holds the $2 support despite recent volatile trading.
Ripple and the SEC filed a joint motion to halt legal proceedings as the case nears final settlement. The long-standing Ripple vs SEC lawsuit has come to an end this year amidst a regulatory shift in the US.
According to data from CoinMarketCap, Ripple USD (RLUSD) — the stablecoin developed by San Francisco crypto company Ripple — has lost over 50% of its trading volume in the last 24 hours.
The crypto market lost momentum over the past 24 hours, as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap shrunk by just over 1%, falling to $2.58 trillion.
Ripple has minted 350,026 new Ripple USD (RLUSD) tokens, marking its first issuance in over a week. This follows last weeks record-breaking minting of 100 million RLUSD tokens, signaling Ripples aggressive push into the stablecoin market.
XRP is facing a critical inflection point as it trades around the $1.80 mark the lower boundary of its long-standing descending price channel. This level, historically known for triggering bullish reversals, is now being tested again amid growing selling pressure.
The legal fight between the US Securities and Exchange Commission (SEC) and Ripple may be coming to an end.
XRPs performance against Bitcoin (BTC) appears primed for a shift, with the XRP/BTC weekly chart tightening into a narrow range, signaling that a major move could be on the horizon. After weeks of sideways trading and minimal volatility, XRP is showing signs of building pressuresimilar to its late 2024 pattern, which preceded a notable breakout.
Ripple and the U.S. Securities and Exchange Commission (SEC) have jointly requested the U.S. Court of Appeals for the Second Circuit to pause their respective appeals, signaling a potential resolution in the long-running legal battle. The filing states both parties have reached an agreement-in-principle, though the deal still requires final approval from SEC commissioners.
Ripple Labs and the SEC have jointly filed a motion to pause their appeals in the long-running legal battle over XRP. The post Ripple and SEC Request 60-Day Pause on Appeals, Hinting at Possible Settlement appeared first on Cryptonews.
Ripples XRP is experiencing a strong rebound, climbing 10.46% to $2.05 as investor sentiment improves following the launch of the first U.S.-based XRP ETF. This surge is accompanied by a 37.92% spike in trading volume, which now exceeds $8.92 billion, according to CoinMarketCap.
A massive XRP transaction has caught the attention of the crypto community. According to blockchain tracker Whale Alert, an anonymous wallet transferred 230,770,000 XRPworth over $414 millionto another unidentified wallet.
The XRP/BTC weekly chart looks like it's about to change after the alternative cryptocurrency has been trading sideways against its main counterpart for the past few weeks; stuck in a tight range with less and less volatility.
News of the case's pending resolution may be priced in, with the price of XRP holding steady following the agreement-in-principle.
The latest decision to pause the appeal entails that “no brief will be filed on April 16th.”
In a notable divergence from Bitcoin's institutional-driven rally, XRP has emerged as a retail investor favorite, with active addresses skyrocketing by almost 500% over the past 3 years, according to recent data from crypto analytics firm Glassnode.
XRP price climbs above $1.950 with eyes on $2.00 resistance while maintaining support at $1.920 as technical indicators show bullish momentum.
The US Securities and Exchange Commission and blockchain payments firm Ripple agreed to pause their appeals in the ongoing XRP legal battle, signaling a potential move toward a final settlement.The SEC and Ripple agreed to put their appeals in “abeyance,” meaning the proceedings are now paused pending an anticipated settlement of the XRP (XRP) case. “An abeyance would conserve judicial and party resources while the parties continue to pursue a negotiated resolution of this matter,” the parties jointly stated in an April 10 court filing.
XRP price is showing a mixed outlook today, April 11. CoinMarketCap data shows Ripple has posted a slight 0.7% gain in 24 hours but trading volumes are down by 52%.
Ripple and the US Securities and Exchange Commission (SEC) have jointly requested a pause in their appeal to finalize a settlement agreement.
Ripple Just Made a Splash With a Huge $1.25 Billion Acquisition. Will It Be a Game Changer for XRP?
Ripple Labs and the U.S. Securities and Exchange Commission have jointly asked the Second Circuit Court of Appeals to pause their ongoing legal dispute, suggesting a full settlement may soon be reached. The request, filed on Apr.
Amidst the tariff turmoil of early April, XRP plunged into the unknown as it lost the critical $2 support zone.
XRP has at last breached a crucial barrier on the chart in a possible change to its market narrative. A technical milestone that frequently signals a return to bullish momentum, the asset has successfully closed above the 200-day exponential moving average (EMA) following an extended period of downward pressure.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Binance Coin in greater detail. Ethereum (ETH) Ethereum continues to make new lows this year with the price touching $1,400 briefly on Wednesday before buyers returned.
Market volatility saw traders chase options for hedging and speculative activities.
Ripple and the SEC have reached an agreement-in-principle, and are waiting for approval from the Commission.
Much like the rest of the market, XRP (XRP 0.26%) took a tumble during the past three months, falling as much as 24%. Now, with fears of a new cryptocurrency bear market whirling amid global economic uncertainty, the odds of it taking another slide are looking even higher.
As the Ripple SEC case is nearing a critical juncture, legal expert Fred Rispoli reveals a crucial date for the case's upcoming developments. As the crypto community eagerly awaits the XRP lawsuit's settlement, the lawyer uncovers potential developments that could determine the case's outcome.
San Francisco-based enterprise blockchain company Ripple and the U.S. Securities and Exchange Commission (SEC) have filed a joint request to the United States Court of Appeals for the Second Circuit to hold their appeals in abeyance, which means that they want to suspend them.
As global markets stabilize following eased U.S. trade tensions, Bitcoin (BTC) has spearheaded a bullish recovery in the cryptocurrency sector, with XRP leading altcoins. Optimism stems from anticipated tariff reductions between the U.S. and key partners like the EU, which has begun negotiations to avert a potential recession.
Ripple's rising market performance (XRP) supports its supremacy in the crypto scene. XRP, trading at about $2.42, has shown a fantastic 24-hour trading volume of $6.66 billion, while its market capitalization has surged to $140.51 billion.
The filing signals a possible end to a high-profile dispute that has gripped the payments upstart industry since December 2020 for its sale of XRP tokens.
After dragging on for more than four years, the Ripple vs. SEC case finally seems to be wrapping up. But interestingly, the news didn't come from the SEC — it was Ripple CEO Brad Garlinghouse who confirmed that the long-running legal battle is nearing its end.
Despite a few positive developments, XRP price has failed to gather momentum and is flirting at the crucial support of $2.0; failing to hold can cause another 40% crash to $1.20. The macro uncertainty and Trump tariff war escalation have cast dark clouds on the crypto space, impacting XRP equally, despite key developments in the
Despite short-term strength, technical and on-chain signals suggest caution.